Press-release Krasnodar October 24, 2013 OJSC "Magnit" Announces Change of Share in the Charter Capital Krasnodar, October 24, 2013: OJSC "Magnit", Russia's largest retailer (the "Company"; MICEX and LSE: MGNT), announces change of share in the charter capital of OJSC "Magnit" (ordinary shares stake) owned by Marina Ivanova, the member of the OJSC "Magnit" Management Board, from 0.0069% to 0.00698%. Name and position of the Marina Ivanova, the member of the OJSC "Magnit" person: Management Board Company: Open joint-stock company "Magnit", 15/5, Solnechnaya street, Krasnodar, Russia Share in charter capital before 0.0069% change: Ordinary shares stake before 0.0069% change: Share in charter capital after 0.00698% change: Ordinary shares stake after 0.00698% change: Date of change of share in the October 23, 2013 charter capital: Date of the fact being October 24, 2013 reported: For further information, please contact: Timothy Post Director, Investor Relations Email: email@example.com Office: +7-861-277-4554 x7600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562 Dina Svishcheva Deputy Director, Investor Relations Email: Chistyak@gw.tander.ru Office: +7-861-277-45-54 x5101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562 Company description: Magnit is Russia's largest retailer. Founded in 1994 by Sergey Galitskiy, the company is headquartered in the southern Russian city of Krasnodar. As of September 30, 2013, Magnit operates 19 distribution centers and over 7,600 stores (6,783 convenience, 178 hypermarkets, and 685 cosmetics) in more than 1,760 cities and towns throughout 7 federal regions of the Russian Federation. In accordance with the reviewed IFRS consolidated financial statements for 1H 2013, Magnit had revenues of $8,796 million USD and an EBITDA of $890 million USD. Magnit's local shares are traded on the Moscow Stock Exchange (MICEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit rating from Standard & Poor's of BB. Measured by market capitalization, Magnit is now Europe's 2nd largest retailer. END -0- Oct/24/2013 12:51 GMT
OJSC MAGNIT: Change of Share
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